Jignesh Narola
About Me
Skilled in Audits, Accounting, Taxation, Finance, Presentation Skills, Public Speaking, and Volunteering. Strong entrepreneurial professional skills focused in Finance & Accounting, Taxation and related services.
My journey towards new skills and learnings is endless. Relentlessly trying to bring best out of me in my each and every tasks.
And yes, Balancing work and life with Spiritualism.!! I love indulging into social and spiritual activities that gives me pleasure and eternal satisfaction. Public speaking, event co-ordinations and youth awakening campaigns are part of my routine since more than a decade.
Education
American Institute of Certified Public Accountant (AICPA)
Institute of Chartered Accountants of India (ICAI)
Veer Narmad South Gujarat University
Work & Experience
Managing Partner
JAPS & Co., Chartered Accountants firm
Managing the Accounting, Finance, Audit, Taxation and Real Estate Regulatory (RERA) department of the firm. Execute, advise, recommend and rectify the financial accounting methods and practices of the clients. Provide consultancy on accounting, finance and taxation matters ensuring due compliances of Ind-AS, IFRS and US GAAP. Develop, evaluate and analyze the financial plans, forecasts and budgets of the revenues and expenditures of existing as well as new ventures. Study and advise on financial feasibility and to an extent operational feasibility of new ventures/startups and to create financial models for decision support. Preparation and filing of Income Tax returns of various clients and representing the clients before various authorities. Reviewing tax returns and providing professional advice and recommendations to clients on any tax-related issues. Plan, schedule, execute and administer various assignments including Audits under various Acts. Examination, scrutiny, reconciliation and analysis of the financial records, statements, recognition of revenue and expenditures of the auditees to ensure true and fair view of financial statements and due compliance with applicable Accounting Standards (Ind-AS, IFRS and US GAAP), practices and statutes. Managing effective communication channels within and outside the firm with clients, governmental authorities and concerned third parties. Evaluating and developing internal controls and procedures within firm as well as assisting the clients develop and implement them. Serving the clients across various industries including but not limited to Real Estate, Construction, IT, Financial Services, Diamond, Textile and Hospitality. Supervising, coordinating and training the junior accountants, auditors and other staff members of firm for successful completion of assignments.
Executive – Corporate Audit Services
Larsen & Toubro Limited
Conducted Internal Audits of various departments / units within organization, subsidiaries and associated businesses or other establishments to ensure compliance with established accounting standards, practices, procedures and internal controls as adopted by the organization. Studied and evaluated accounting and internal control systems, identifying weaknesses in internal controls and recommending improvements to the management. Examined, vouched and analyzed accounting and financial records and supporting documentary evidences, inventories, expenditures, revenues, statutory and tax returns and the controls inbuilt in accounting systems of respective units for accuracy and effectiveness. Prepared audit presentations and detailed report of audit findings and sought the response and action plan from the auditee to ensure process improvements / system controls.
Articled Assistant
Shah Gopani & Associates
Bookkeeping, Consultancy and Taxation services to clients across various industries. Evaluating and implementing Internal Controls and accounting methods and systems. Preparation and Analysis of financial statements and notes to accounts. Conducting Internal Audit, Statutory Audit, Tax Audit and Bank Audit. Preparation and Review of Audit Reports and Tax Returns. Drafting of correspondence & documentations for Income Tax proceedings. Timely compliances of various Acts including Income Tax, Companies Act and Service Tax.
